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American Honda 2004 Posts New May Sales Record

Acura Posts All-Time Record Results; Honda Division Sets New May Record

TORRANCE, Calif., June 2 -- American Honda posted ten new sales records including its best ever May with sales of 143,193 Honda and Acura vehicles, a 14.0 percent rise over the previous May record set last year. American Honda also recorded its best May sales for passenger cars, up 23.6 percent for the year to 93,887 units, topping the previous record of 84,203 set in May 1990.

American Honda passenger car sales for the year are up 4.6 percent to 354,939 versus last year, while total year-to-date sales of American Honda vehicles are up 2.0 percent over a year ago to 569,923 cars and light trucks. May records by Division include:

   *  Record May sales for Honda Division
   *  Record May sales of Honda Passenger Cars
   *  All-time record sales of Civic Hybrid (third consecutive record month)
   *  All-time record sales of Odyssey
   *  Record May sales of Accord and Civic
   *  All-time record sales for Acura Division
   *  All-time record sales of Acura TSX
   *  Record May sales of Acura TL

"With gas prices on the rise, consumers are looking for fuel efficient choices, and with the highest rated overall fuel economy rating in the industry, Honda and Acura products are more competitive than ever," said Dick Colliver, executive vice president of American Honda.

Honda Division posted a new May record on the way to its second best-ever sales month of 124,646 units, up 13.6 percent over year-ago totals including record May sales of Civic, up 26.9 percent to 35,608; and Accord, up 21.6 percent to 43,589 for the month. The Odyssey minivan also recorded its best month ever with sales of 16,682 units, up 8.4 percent for the month. Civic Hybrid posted its third consecutive record month with sales of 3,183 units. Year-to-date Civic Hybrid sales of 12,206 are up 19.6 percent over last-year's results.

"We're seeing unprecedented demand for our hybrid models, the Civic and Insight," said Colliver. "It's clear that consumer interest in hybrid technology is growing."

Acura Division posted a new all-time record month with sales of 18,547 cars and SUVs due to record sales of its TSX and TL sedans, up 63.6 and 52.6 percent for the month, respectively. Four consecutive monthly records have pushed sales for the all-new TL up 44.0 percent for the calendar year to 32,508. Acura year-to-date sales of 80,556 are up 20.2 percent over the 2003 record pace.

                  American Honda Vehicle Sales For May 2004
                              Month-to-Date              Year-to-Date
                             May      May    DSR**     May      May    DSR**
                            2004     2003   % Chg.    2004     2003   % Chg.
   American Honda Total   143,193  130,454   14.0%  569,923  558,743    2.0%
      Total Car Sales      93,887   78,856   23.6%  354,939  339,310    4.6%
      Total Truck Sales    49,306   51,598   -0.8%  214,984  219,433   -2.0%
         Honda Total Car
          Sales            80,249   67,450   23.6%  298,350  295,321    1.0%
         Honda Total
          Truck Sales      44,397   46,509   -0.9%  191,017  196,412   -2.7%
         Acura Total Car
          Sales            13,638   11,406   24.2%   56,589   43,989   28.6%
         Acura Total
          Truck Sales       4,909    5,089    0.2%   23,967   23,021    4.1%
   Domestic Car Sales *    77,992   62,737   29.1%  292,351  259,545   12.6%
      Honda Division       70,791   57,121   28.7%  259,587  233,261   11.3%
      Acura Division        7,201    5,616   33.2%   32,764   26,284   24.7%
   Domestic Truck Sales *  36,328   37,826   -0.3%  156,408  160,300   -2.4%
      Honda Division       31,419   32,737   -0.3%  132,441  137,279   -3.5%
      Acura Division        4,909    5,089    0.2%   23,967   23,021    4.1%
   Import Car Sales        15,895   16,119    2.4%   62,588   79,765  -21.5%
      Honda Division        9,458   10,329   -4.9%   38,763   62,060  -37.5%
      Acura Division        6,437    5,790   15.5%   23,825   17,705   34.6%
   Import Truck Sales      12,978   13,772   -2.1%   58,576   59,133   -0.9%
      Honda Division       12,978   13,772   -2.1%   58,576   59,133   -0.9%
   MODEL BREAKOUTS BY
    DIVISION
   Honda Division Total   124,646  113,959   13.6%  489,367  491,733   -0.5%
      Accord *             43,589   37,210   21.6%  158,081  163,059   -3.1%
      Civic *              35,608   29,143   26.9%  136,234  127,979    6.5%
      Prelude                   0        0                0        9
      S2000                   922      998   -4.1%    3,609    3,563    1.3%
      Insight                 130       99   36.4%      424      710  -40.3%
      FCX                       0        0                2        1  100.0%
      Odyssey  *           16,682   15,974    8.4%   61,851   65,420   -5.5%
      Passport                  0        4                0       56
      Pilot *               9,283    9,777   -1.4%   45,089   42,872    5.2%
      CR-V                 12,978   13,772   -2.1%   58,576   59,133   -0.9%
      Element *             5,454    6,982  -18.9%   25,501   28,931  -11.9%
   Acura Division Total    18,547   16,495   16.8%   80,556   67,010   20.2%
      RSX                   2,353    2,815  -13.2%    9,339   10,519  -11.2%
      CL *                     24      733  -96.6%      256    3,707  -93.1%
      TL *                  7,177    4,883   52.6%   32,508   22,577   44.0%
      TSX                   3,585    2,275   63.6%   11,987    4,111  191.6%
      RL                      467      671  -27.7%    2,391    2,956  -19.1%
      NSX                      32       29   14.6%      108      119   -9.2%
      MDX *                 4,909    5,089    0.2%   23,967   23,021    4.1%
   Selling Days                26       27              128      128

   * Honda and Acura vehicles are made of domestic and global sourced
     parts.

   ** Daily Selling Rate